Credit, Collections & Insolvency News
Buckinghamshire Building Society has announced that it has appointed Dan Wass as its new Chief Executive Officer (CEO). Wass will start in his new role at the Society in September 2022 following Gerard O’Keeffe’s decision to retire later this year. Wass was most recently as Director of Member Propositions, Banking, Insurance & Investments at Nationwide…
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Smart Money People has announced the finalists of their Consumer Credit Awards 2022 after 10 weeks of voting by consumers for their favourite credit providers. Smart Money People says that over 25,000 votes have already been cast in the awards this year, with voting for the finalist firms remaining open until 15th August 2022 and…
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The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which it says will fundamentally improve how firms serve consumers and also will set higher and clearer standards of consumer protection across financial services, requiring firms to put their customers’ needs first. The Duty is made up of an…
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Specialist lender Together has announced that it is growing its team across the country, with a series of new senior appointments. Danielle Potter, Pall Thorarinsson and Jamie Grimshaw will join the company as Business Development Directors, bolstering the group’s regional teams and increasing its footprint across the UK. All three will report to Sean Williams,…
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Cambridge Building Society has announced that it has appointed Sandhya Kawar as its new Chief Risk Officer and member of the board. Kawar joined Cambridge Building Society in January this year as Lead in the Risk and Compliance department. Kawar also has a BSc from the London School Economics and an MSc from Warwick University,…
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Digital motor retailing and finance specialist, iVendi has made two new appointments. Dale Reed has been named VP Product Management. He has been working in IT for 30 years, starting as a software engineer and specialising in data aggregation and business intelligence before migrating into product management. For the last decade, he was employed by…
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Asda and Jaja Finance have announced a partnership to offer a new reward credit card where customers will earn Asda Pounds that they can later spend in Asda stores and online. Shoppers could earn 1% back in Asda Pounds when using the card to buy their groceries, fuel and other Asda services, with and additional…
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TransUnion has appointed Dominic Goslett as Chief Revenue Officer where he will be leading the go-to-market strategy, driving sales and overseeing client relationships. Having held senior leadership roles with TransUnion since 2018, Dominic has been responsible for defining and delivering strategies across a range of sectors, including government, gaming, e-commerce, telecommunications, debt market and utilities.…
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Freedom Finance has announced that Emma Steeley will be joining the company as Chief Executive Officer (CEO). Steeley will lead the next stage of the company’s exciting growth ambitions following fresh investment and the completion of recent product upgrades to the award-winning digital marketplace. Emma joins from Equifax, where she spent nearly four years as…
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Coventry Building Society has announced that it has appointed Richard Bowles as Chief Risk Officer. Bowles, who has around 20 years of experience in financial services, will join from TSB later this year, where he has been Interim Chief Risk Officer since March. Prior to that, he had been the bank’s prudential risk oversight director…
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Skipton Building Society has announced that it has appointed Stuart Haire as its new Chief Executive Officer (CEO). Haire previously was the Group General Manager and Chief Executive of HSBC’s UK personal and private banking businesses. Haire has worked at HSBC for six years, having spent nearly a decade prior to that in senior roles at…
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Barclays has confirmed that it will acquire specialist lender Kensington Mortgage Company in a £2.3 billion deal. Kensington, which has 600 staff and specialises in offering mortgages to the self-employed and borrowers with more complex incomes, is being sold by private equity owners Blackstone and Sixth Street. The company originated around £1.9bn of mortgages in…
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Global information and insights company, TransUnion has announced a partnership with Lloyds Bank to look after the credit health of its customers with free access to their credit score via an interactive dashboard. The ‘Your Credit Score’ service, has already seen almost one million of the bank’s customers checking their credit score for the first time in April. Kelli…
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